Greenam Energy Installs Its 1st Floating Solar Plant at Tuticorin Updated On Tue, Apr 16th, 2019 by Saurenergy Greenam Energy, a wholly owned subsidiary of Singapore-based AM International Holdings, has set up its first floating solar power plant at Tuticorin. The 24 MW floating solar power plant would be one of its kind and is the first floating renewable energy initiative to optimise energy production in industrial plants, a company statement said. “Greenam […] Read more
Lubi Solar to Install Solar Water Pumps in Nagpur, Pune Updated On Tue, Apr 16th, 2019 by Saurenergy “The company has been awarded this contract after successful completion of performance test in record time in stringent condition at farmer’s place,” the spokesperson added. Lubi Solar, which is a division of Lubi Electronics, has bagged an order for installation, commissioning and maintenance of Solar Photovoltaic (SPV) water pumping systems in Nagpur and Pune cities […] Read more
India’s Solar Sector Expected to Outperform Globally Despite Challenges: Report Updated On Tue, Apr 16th, 2019 by Saurenergy A new report by Fitch Solutions has predicted that the Indian solar power capacity will grow at an annual average rate of 15.3 percent to reach 105.9 GW by 2028, up from 26 GW in 2018. The report highlights that India will continue to outperform rival markets over the next decade as recent problems such […] Read more
Starbucks Invests in Solar Energy to Power 360 Stores in Texas Updated On Tue, Apr 16th, 2019 by Saurenergy Starbucks Coffee Company, Cypress Creek Renewables and U.S. Bank have announced that they are teaming up on a portfolio of solar farms across Texas. As a part of the deal, two solar farms developed, built and now operated by Cypress Creek, a leading solar solution provider, are providing enough energy for the equivalent of 360 […] Read more
SDMC Shifts Focus to Solar Energy and EV Charging Points Updated On Tue, Apr 16th, 2019 by Saurenergy To encourage the public transition to use electric vehicles, the South Delhi Municipal Corporation (SDMC) has set a target to develop at least 50 public charging stations by the end of this financial year. Speaking at the fourth Asia Pacific Forum on Urban Resilience and Adaptation — Resilient Cities Asia Pacific 2019, SDMC commissioner Puneet […] Read more
Mumbai Housing Complex Goes Solar, To Reduce Electricity Bill by 70% Updated On Tue, Apr 16th, 2019 by Saurenergy This would be the equivalent of reducing 140 diesel cars a month and around 1,700 such cars a year from Mumbai’s roads. In what is, perhaps, the largest renewable energy project in the city, a housing society in the Mumbai suburbs is looking at cutting its electricity bill by 70% by generating 700-kW solar energy […] Read more
India, Denmark agreement on Wind Cooperation Approved Updated On Tue, Apr 16th, 2019 by Saurenergy India and Denmark’s agreement on Wind Energy, signed in March, was formally approved in a cabinet meeting chaired by Prime Minister Narendra Modi yesterday. Prime Minister Narendra Modi chaired a union cabinet meeting where it gave approval for a cooperation agreement between Ministry of New and Renewable Energy (MNRE) and Denmark’s Ministry for Energy, Utilities […] Read more
Petronas makes India Play with Amplus Energy Acquisition Updated On Tue, Apr 16th, 2019 by Saurenergy By Acquiring Amplus Energy for Rs 2700 crores, Malaysia’s Petronas just made a big India play in renewables. The Move by Malaysia’s Petronas, itself a $60 billion-plus behemoth with a $13.2 billion bottom line in 2018, is a huge vote of confidence in India’s renewable sector. At Rs 2700 crores, the valuation also seems to […] Read more
E.ON and Duke Energy Begin Construction on their Windfarms in Texas Updated On Mon, Apr 15th, 2019 by Saurenergy E.ON and Duke Energy have both announced their plans to develop 200+ MW windfarms in Texas. E.ON’s 220 MW Cranell Windfarm and Duke’s Mesteño wind farm are both expected to come into operation before the end of the year. Germany-based electric utility company, E.On has announced that the Cranell Windfarm, a 220 megawatt (MW) project, […] Read more
